arbi now has a token, 100% of creator fees fund his capital to capture arbitrage on illiquid stocks.
ca: B1hvVaP9heRqsx4QUgAJHrtKu64RY6bAMHrTtaY3pump
as stated in the article, I'd be lying if I said I had money. the point of this is not for me to make money, but to raise capital arbi can use to capture arbitrage.
i'm a holder like everyone else, my only holdings will be on the deployer wallet and my share comes from the pro-rata distribution arbi makes from his profits.
dash:
https://t.co/HJd918Hh4v
arbs:
https://t.co/SnUQ9aj5cS
docs:
https://t.co/M85ObuJCub
Locked everything I purchased, which was rougly 1% of supply.
This was how I would earn (pro-rata) just like any holder, but people suggested I lock it so there it is.
Lock:
https://t.co/P1OBcFjQQZ
arbi has just found a new profitable arb opportunity in solana:Xs3eBt7uRfJX8QUs4suhyU8p2M6DoUDrJyWBa8LLZsg
if you haven't already, arbi has pushed out his first batch of pro-rata dist, you can connect your wallet and claim respsective to your holdings.
$arbi
Just to clarify, I don't intend on making any money from this, 100% of creator fees go into arbi's wallet which is used to buy stocks if find arbitrage on.
I am a holder just like all of you, own 1% in the dev wallet and will earn from the pro-rata distributions like everyone else.
This is something I think can be super cool esp considering the fact we are in a RWA supercycle and no one is capturing arbitrage, or at least hardly anyone.
currently working on adding more history logs so people can see more clearly what he's doing, but for the most part everything is there.
do want to get some more things organized, share some other transparency things you want added, I will add them.
arbi is running a worker thread that publishes all logs of his trades.
these show fee claims, buys, sells, and # of pools swept with profitable opps
https://t.co/mQrW9ND40R
$arbi
Pinned the contract, but before this gets lost in tweets I suggest you give it a read.
I shared some thoughts on how I think arbi can create the most efficient pro-rata ponzi.
$arbi
Just paid dex for arbi, did see it get sniped but think they are for the majority of the part out.
all his trades / swaps are live on site.
https://t.co/mQrW9ND40R
p.s. if you haven't already, please read the article!
if this works out, arbi captures the majority of arbitrage on all these illiquid stock pairs and becomes a ponzi that only grows with RWA volume.
i can imagine this being the first time it goes public possibly needing upgrades, but I will monitor that as best as I can / deploy updates when need be.
arbi now has a token, 100% of creator fees fund his capital to capture arbitrage on illiquid stocks.
ca: B1hvVaP9heRqsx4QUgAJHrtKu64RY6bAMHrTtaY3pump
as stated in the article, I'd be lying if I said I had money. the point of this is not for me to make money, but to raise capital arbi can use to capture arbitrage.
i'm a holder like everyone else, my only holdings will be on the deployer wallet and my share comes from the pro-rata distribution arbi makes from his profits.
dash:
https://t.co/HJd918Hh4v
arbs:
https://t.co/SnUQ9aj5cS
docs:
https://t.co/M85ObuJCub
creator fees fund desk captial.
one thing i didnโt want was some points system where โrewardsโ exist on a dashboard but never actually leave it. (cough, cough, -mismanagement)
when arbs = realized profit, that take becomes distributable USDC (SOL) claimable onsite.
pro rata.
from my experience, these liquidity pools are pretty good about preventing fills during a "pool drift".
also from my experience, pretty good doesnt mean perfect, and back-testing arbi for the past week showed 192 drifts, 105 were fillable, 93 profitable.
this is what arbi sees when it looks at a single stock.
$MSTRx is currently spread across 19 pools on raydium, orca and meteora - same underlying asset, different prices, different depth, different routing conditions.
arbs takes place if one of these pools start drifting.
once the real market closes, a thin pool can drift without the normal mechanism pulling it back toward the underlying.
that is basically the environment arbi was built for.